Mayville Engineering Company (MEC) Asset Utilization Ratio (2019 - 2026)

Mayville Engineering Company has reported Asset Utilization Ratio for 8 years, with the latest figure at 0.97 in Q1 2026.

• For the quarter ending Q1 2026, Asset Utilization Ratio fell 21.79% year-over-year to 0.97; the trailing twelve-month figure through Mar 2026 stood at 0.97 (down 21.79% YoY), and the FY2025 full-year result was 1.08, down 12.27% from the prior year.
• Asset Utilization Ratio for Q1 2026 stood at 0.97, up from 0.95 in the prior quarter.
• The five-year high for Asset Utilization Ratio was 1.28 in Q2 2024, with the low at 0.95 in Q4 2025.
• Historically, Asset Utilization Ratio has averaged 1.16 across 5 years, with a median of 1.17 in 2022.
• Annual changes were most pronounced in 2024 — Asset Utilization Ratio climbed 18.27% — and 2025, when it fell 25.47%.
• Mayville Engineering Company's Asset Utilization Ratio stood at 1.22 in 2022, then declined by 5.24% to 1.15 in 2023, then climbed by 10.76% to 1.28 in 2024, then decreased by 25.47% to 0.95 in 2025, then advanced by 2.35% to 0.97 in 2026.
• The last three Asset Utilization Ratio figures came in at 0.97 (Q1 2026), 0.95 (Q4 2025), and 1.05 (Q3 2025), per Business Quant data.